Mckissock Combined Quizzes
An advocate or an appraiser cannot be ____________ at any time. conducting an
evaluation. An assumption - ANSIf an appraiser makes an assumption about a condition that
is not exist for the purpose of analysis, an illustration of which is: An extraordinary
assumption - ANSIf an appraiser assumes a condition to be true, and evidence supports that
belief, although that fact is not certain, this is an example of:
Appraisal Standards Board (ASB) - ANSUSPAP is developed, interpreted, and amended by
the:
The official national registry of state-certified and licensed appraisers is maintained by which
organization? Appraiser Qualifications Board (AQB) - ANSQualification criteria for appraiser
certification and
recertification are disseminated to state appraisal boards by the:
Appraiser Qualifications Board (AQB) - ANSWhich entity is responsible for establishing
education
and experience requirements for licensing and certification of
appraisers?
Bias - ANSA preference or inclination that precludes an appraiser's
Being objective, independent, or impartial means: Board of Trustees (BOT) - ANSWhich
entity appoints members of the Foundation's
autonomous Boards? Cost - ANSBy using a published cost manual, an appraiser
determines
that a 2,500-square-foot house would cost $400,000 to build. This figure represents the
dwelling's:
Development, reporting - ANSIn USPAP, the appraisal process is divided into two distinct
There are two kinds of activities: _____ and _____. ANS and USPAP have different
meanings for the terms "extraordinary assumption" and "hypothetical." condition:
Identify the problem - ANSThe first step in the appraisal process is:
In the public's interest - ANSThe concept of public trust means that an appraiser must
act
not part of USPAP, but included as reference material - ANSAdvisory Opinions are best
described as
Reporting - ANSWhich step in the appraisal process involves communication of
the appraiser's opinions and conclusions?
State appraisal regulatory agencies - ANSWho is in charge of issuing individual appraisers
with credentials? State appraiser licensing/certification agencies - ANSUnder FIRREA,
USPAP is enforced by:
The letter's reasoning and insight - ANSThe ASB is considering comment letters from
members of the general public regarding a proposed USPAP modification. When reviewing
these comment letters, the ASB focuses on:
An advocate or an appraiser cannot be ____________ at any time. conducting an
evaluation. An assumption - ANSIf an appraiser makes an assumption about a condition that
is not exist for the purpose of analysis, an illustration of which is: An extraordinary
assumption - ANSIf an appraiser assumes a condition to be true, and evidence supports that
belief, although that fact is not certain, this is an example of:
Appraisal Standards Board (ASB) - ANSUSPAP is developed, interpreted, and amended by
the:
The official national registry of state-certified and licensed appraisers is maintained by which
organization? Appraiser Qualifications Board (AQB) - ANSQualification criteria for appraiser
certification and
recertification are disseminated to state appraisal boards by the:
Appraiser Qualifications Board (AQB) - ANSWhich entity is responsible for establishing
education
and experience requirements for licensing and certification of
appraisers?
Bias - ANSA preference or inclination that precludes an appraiser's
Being objective, independent, or impartial means: Board of Trustees (BOT) - ANSWhich
entity appoints members of the Foundation's
autonomous Boards? Cost - ANSBy using a published cost manual, an appraiser
determines
that a 2,500-square-foot house would cost $400,000 to build. This figure represents the
dwelling's:
Development, reporting - ANSIn USPAP, the appraisal process is divided into two distinct
There are two kinds of activities: _____ and _____. ANS and USPAP have different
meanings for the terms "extraordinary assumption" and "hypothetical." condition:
Identify the problem - ANSThe first step in the appraisal process is:
In the public's interest - ANSThe concept of public trust means that an appraiser must
act
not part of USPAP, but included as reference material - ANSAdvisory Opinions are best
described as
Reporting - ANSWhich step in the appraisal process involves communication of
the appraiser's opinions and conclusions?
State appraisal regulatory agencies - ANSWho is in charge of issuing individual appraisers
with credentials? State appraiser licensing/certification agencies - ANSUnder FIRREA,
USPAP is enforced by:
The letter's reasoning and insight - ANSThe ASB is considering comment letters from
members of the general public regarding a proposed USPAP modification. When reviewing
these comment letters, the ASB focuses on:
